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MDA ANNOUNCES SECOND COMMERCIAL SALE OF SPACE ROBOTICS TECHNOLOGY TO AXIOM SPACE

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Contract for Payload Interfaces Further Expands MDA’s Presence in the Emerging Commercial Space Infrastructure Market

BRAMPTON, ON, September 20, 2022 /CNW/ – MDA Ltd. (TSX: MDA), a leading provider of advanced technologies and services to the rapidly expanding global space industry, today announced the second commercial sale of its Canadarm3 technology-derived products to Axiom Space. .

The new contract is for the delivery of 62 pairs of payload interfaces for Axiom Space’s Axiom Station. The interfaces will provide mechanical, electrical and data connections for payloads mounted externally on the Axiom Station to perform activities such as scientific research, Earth observation, communications and a host of other applications. .

This is the second commercial contract signed between MDA and Axiom this year, and paves the way for new opportunities ahead of the planned launch of the first Axiom station in 2024.

“This new contract is the latest step in our journey with Axiom Space, further cementing MDA’s role as a global leader in space robotics and a key enabler in the global commercial space market,” said Mike Greenley, CEO of MDA. “As the demand for space robotics and other vital space infrastructure continues to increase, MDA is uniquely positioned with the knowledge, expertise and experience to meet the growing commercial need for efficient robotic technologies and services. and profitable.

“MDA and Axiom are building a strong partnership for the future of the world’s first commercial space station. Our growing collaboration reflects exceptional progress towards the development of the Axiom Station,” said Michel Suffredini, President and CEO of Axiom Space. “Canadarm3 has the proven capabilities and innovative technology that will help us form the core infrastructure of the next generation microgravity platform, enabling a diverse in-orbit economy powered by products made by world-class experts.

Built and operated with private sector funds, the Axiom station will initially be attached to the International Space Station (ISS). It will separate from the ISS before ISS partners dismantle it at the end of the decade, and then serve as a global research and commercial center establishing a robust and competitive economy in low Earth orbit (LEO) – y including manufacturing in space, human spaceflight missions to LEO and deep space exploration.

ABOUT MDA

Serving the world from its Canadian home and global offices, MDA (TSX: MDA) is an international space mission partner and pioneer in robotics, satellite systems and geointelligence with a 50-year history of firsts on and around the world. above the Earth. With over 2,500 employees across Canada, in the US and UK, MDA is leading the charge towards viable lunar colonies, better Earth observation, communication in a hyper-connected world, and more. With a track record of realizing space ambitions, MDA empowers highly skilled people to continually push boundaries, take on big challenges, and imagine solutions that inspire and endure to change the world for the better, on the ground and in the stars.

Forward-looking statements

This press release contains forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially. of those disclosed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in MDA’s Annual Information Form available on SEDAR at www.sedar.com. MDA undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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SOURCE MDA Inc.

For further information: MEDIA CONTACT: Amy MacLeod, Vice President, Corporate Communications, 613-796-6937, [email protected]; INVESTOR CONTACT: Shereen Zahawi, Senior Director, Investor Relations, 647-401-3230, [email protected]

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